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Starr’s Ameruoso Joins JLT Re Construction Casualty Division, Facultative

JLT Fac, a division of reinsurance broker JLT Re North America, has appointed Joe Ameruoso as head of North America Construction Casualty, Facultative. Ameruoso joins from Starr Insurance Cos. where he was for more than six years, most recently as …

Hurricane Leslie Hits Coast of Portugal, Injuring 27

A weakened Hurricane Leslie slammed into the coast of Portugal, leaving 27 people injured as it uprooted trees, brought down power lines and smashed store windows with gusting winds and heavy rain. Over 60 people were forced to leave their …

AXIS Re Taps Thomas Miller’s Haugh as President, Global Mkts; Smart to Head Specialty Re

AXIS Re, the reinsurance business segment of AXIS Capital Holdings Ltd., announced the appointment of Ann Haugh as president of its Global Markets division. In this role, Haugh will oversee AXIS Re Strategic Partners, global Specialty Re and AXIS Re’s …

Lloyd’s New CEO Neal Takes the Helm

Lloyd’s, the specialist insurance and reinsurance market, today welcomes John Neal as its new chief executive officer. Neal brings more than 30 years’ experience in the insurance industry, most recently as group CEO of QBE Insurance Group. He succeeds Inga …

London Market’s Placing Platform Completes Product Roll-Out with Treaty Reinsurance

The London market’s electronic placing platform, PPL Ltd., announced that the treaty reinsurance class of business went live on the platform today, completing its roll out of products. PPL said its focus will now be on continuous improvement of the …

Philippines Weighs Sponsorship of Catastrophe Bond Issue

The Philippines’ finance ministry said on Sunday it was exploring a plan to sponsor a catastrophe bond issue, similar to the one launched by the World Bank early this year covering Latin American earthquakes. The so-called cat bonds would help …

Mass. Medical Transportation Business Cited $460K for Wage Law Violations

A Massachusetts medical transportation business and its managers have been cited $460,945 in restitution and penalties for violating workers’ rights and state wage laws. Massachusetts Attorney General Maura Healey’s office began investigating Watertown, Mass.-based Quantum Transportation LLC and its managers, …

Tennessee Drug Overdose Deaths Rise Again in 2017

The number of Tennessee residents who died of drug overdoses has risen more than 8 percent, setting another record in 2017. The state Health Department said 1,776 Tennesseans died from overdoses last year, the most since reporting began. The number …

New Markets

Solar Extended Warranty OEM, VAR & Servicer Solution Market Detail: Personal Safeguards Group LLC (www.personalsafeguardsgroup.com) provides an insured method for a Solar Manfacturer, VAR & Servicer to add a service contract to the purchaser of their solar panel, inverters and …

Construction Company Cited in Connecticut for Safety Hazards, Faces $146K in Penalties

The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) has cited L.L.E. Construction LLC for exposing employees to fall and other hazards at a construction worksite in Bridgeport, Conn. The company faces $146,554 in proposed penalties. OSHA inspectors …